Kealan, a surgeon, and Cody, a financial advisor, discuss the intersection of faith, generosity, and personal finance. They’re joined by a variety of guests, including pastors, financial advisors, radically generous givers, entrepreneurs, CEOs, and nonprofit leaders to explore one central question: How do we best steward God’s wealth? On The Finish Line Podcast, you’ll hear challenging and inspirational stories of tremendous generosity. You’ll also learn from experts in multiple fields about topics like setting a financial finish line, giving efficiently and effectively, and teaching generosity to your children. More than anything, though, you’ll see how God is constantly at work redeeming the world He created and loves. Visit the website at www.finishlinepledge.com to learn more.
Episodes
Wednesday Mar 17, 2021
Q&A: What If I Have Too Much Debt to Set a Finish Line? (Ep. 15)
Wednesday Mar 17, 2021
Wednesday Mar 17, 2021
One of the most significant barriers people face when considering setting a financial finish line is debt. Whether it's student loans or large credit card balances, debt can prove to be both a financial and emotional barrier to the freedom and purpose that come with setting a finish line. In this episode, we'll break down the different types of debt and how to think about each one. We'll also give some real examples, including some from our own lives, to show how a financial finish line can actually get you out of debt much faster than you would otherwise. Listen to the full episode to hear more!
QUOTES TO REMEMBER
- "Set a finish line as if the debt was already paid off, and then as you start to work towards that finish line, any margin above that finish line you can use to quickly pay down those debts so that they're no longer a barrier to giving."
- "We started to find a little more of a balance between the three things that excess can go to, and that's debt, giving, and retirement."
- "The process of getting rid of it is all in order to free us up to give more freely, it was about the freedom to be able to give without hesitation."
- "We set a finish line, but what if we set a temporary lower line, which you could call a 'soft finish line', so that we could pay off that debt faster?"
LINKS FROM THE SHOW
WE WANT TO HEAR FROM YOU!
If you have a thought about something you heard, or a story to share, please reach out! You can leave a comment below or reach out on our contact page.
Comments (0)
To leave or reply to comments, please download free Podbean or
No Comments
To leave or reply to comments,
please download free Podbean App.